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African Development Bank Group (AfDB)

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    • Singrobo-Ahouaty hydropower plant. Photo courtesy Neo Themis
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Source: African Development Bank Group (AfDB) |

African Development Bank funded energy projects in Egypt and Cote D’Ivoire win top infrastructure and energy accolades at the IJ Global Awards

The Singrobo hydropower was the first hydropower IPP, and private sector-funded climate action investment to reach financial close in West Africa in December 2022

Two African Development Bank (www.AfDB.org)-supported projects have won awards at the IJ global awards held in London, United Kingdom. The Singrobo hydropower plant in Ivory Coast, in which the Bank played the Mandated Lead Arranger role won the Power Deal of the Year award, while the Kom Ombo Solar plant,…

African Development Bank Group (AfDB)

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    • Authorities and key players in renewable energies sector participate in the 3rd Renewable Energies Week
    • Bintou Camara, Malian Minister of Energy and Water, speaks at the opening of Renewable Energies Week
    • Adalbert Nshimyumuremyi, head of the African Development Bank’s country office in Mali, reiterated the Bank’s support for developing renewable energies in Mali
    • Government authorities and partners visit stands showing renewable energies technologies
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Source: African Development Bank Group (AfDB) |

Mali: Partners and key players commit to developing renewables sector at opening of 3rd Renewable Energies Week

Some 50 exhibitors are presenting opportunities available in Mali for renewable energy, so that people can explore the advances in the sector

On Thursday 29 February 2024, the Malian Minister of Young People and Sports, Civic Education and Citizenship, Abdoul Kassim Fomba presided – in the name of the Prime Minister of Mali, Choquel Kokalla Maïga – the opening of the 3rd Renewable Energies Week. He renewed the commitment made by the…

African Development Bank Group (AfDB)

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    • From L to R : Malinne Blomberg, African Development Bank Deputy Director General for North Africa, Abdelssalam Mohamed Saleh, Mauritania’s Minister of the Economy and Sustainable Development, Nany Ould, Minister of Energy, Oil, and Mines, during the signature of the $289 million financing agreement for two energy project sectors in Mauritania
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Source: African Development Bank Group (AfDB) |

Mauritania: Over $289 million in financing to develop solar power generation and transmission and accelerate energy transition

The first project, the PIEMM, involves building a 225 kV electricity interconnection to link Mauritania to Mali as part of the Desert to Power Initiative

Mauritania's Minister of Economy and Sustainable Development, Abdessalam Mohamed Saleh, and the African Development Bank's (www.AfDB.com) Deputy Managing Director for North Africa, Malinne Blomberg, signed, on Thursday in Nouakchott, financing agreements for two energy sector projects in Mauritania worth a total of US$289.5 million, covering solar power generation, transnational electricity…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Bank and United Kingdom (UK) announce Kenya as the next beneficiary of unlocked climate finance from the landmark Room to Run Sovereign Program

This project complements the ongoing UK Government efforts to address transmission network capacity limitations, reliability and quality of electricity supply, and high-power system losses, technical and non-technical, in Kenya

The African Development Bank (www.AfDB.org) and the United Kingdom have announced the selection of the Transmission Network Improvement Project in Kenya as a beneficiary project under the Room to Run Sovereign transaction (R2RS) (https://apo-opa.co/3U3D0CP). This means that up to $59 million of the $116 million total project cost corresponding to the…

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    • Hydropower plants like Kinguélé Aval in Gabon can, with refurbishment, play a key role in Africa's energy transition by reducing reliance on fossil fuel-derived electricity
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Source: African Development Bank Group (AfDB) |

Multinational: African Development Bank’s Sustainable Energy Fund for Africa (SEFA) to provide $9.72 million to modernise the African Hydropower Fleet

The project fully aligns with the Bank's New Deal on Energy for Africa, which aims to provide universal access to energy for Africans, prioritising low-carbon technologies that harness the continent's hydro, solar, geothermal, and wind resources

The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) (www.AfDB.org/SEFA) has approved a $9.72 million grant to scale up the Africa Hydropower Modernisation Programme (AHMP), a one-stop shop that overhauls African hydropower systems to enhance their reliability and flexibility. With this new funding, AHMP will expand the modernisation of a…

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    • This contribution from the African Development Bank is crucial for improving the electricity sector in Cameroon and allowing it to be more productive and competitive
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Source: African Development Bank Group (AfDB) |

Cameroon: African Development Bank grants a loan of EUR 74 million for electricity sector reforms to facilitate universal access to power

The Bank’s support will build human resource capacity so that Cameroon has a critical mass of qualified personnel to work throughout the electricity sector value chain

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of EUR 74.25 million to Cameroon in Abidjan on 14 December 2023 to implement the first phase of the Electricity Sector Recovery Support Programme (PARSEC). The programme will support the Cameroonian government to implement the reforms…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

South Africa: African Development Bank approves $300 million for energy governance and climate resilience

The Programme prepared in collaboration with other development partners including the World Bank and KfW Development Bank (KfW), will help advance South Africa’s energy transition

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $300 million loan to South Africa to implement its Energy Governance and Climate Resilience Programme. The Programme prepared in collaboration with other development partners including the World Bank and KfW Development Bank (KfW), will help advance South…

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    • The African Development Bank will contribute through the implementation of this project to improve access to electricity for people in Central and Northern Mozambique
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Source: African Development Bank Group (AfDB) |

Mozambique: African Development Bank grants $33 million to improve the electrical grid near borders with Malawi, Zambia and Zimbabwe

The grant is from the Transition Support Facility, a financial instrument of the Bank specifically for states undergoing transition

Meeting in Abidjan on 5 December 2023, the Board of Directors of the African Development Bank Group (www.AfDB.org/en) approved a grant of $33.25 million to Mozambique to implement the Songo-Matambo electricity transport line project. The grant is from the Transition Support Facility, a financial instrument of the Bank specifically for…

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    • The African Development Bank will contribute to a significant improvement in access to transport and energy for Malawians over the next five years (2023-2028)
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Source: African Development Bank Group (AfDB) |

Malawi: African Development Bank prioritizes energy, transport, water and agriculture in its country strategy for 2023-2028

The Bank will continue to deepen its engagement with Malawi to further consolidate development impacts as envisioned in “Malawi Vision 2063

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved the Country Strategy Paper (CSP) 2023-2028 for Malawi on 16 November 2023. The strategy focuses on two priority areas: improving economic infrastructure to develop the industrial sector by investing in energy, transport, water, sanitation, and hygiene, and supporting…

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    • The Last Mile Connectivity Project – Phase III, which will be implemented over six years (2024-2029), will provide electricity for more than half a million Kenyans
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Source: African Development Bank Group (AfDB) |

Kenya: African Development Bank commits more than €101 million to boost access to electricity

The project will improve electricity access for households, social infrastructure and micro, small and medium enterprises

The Board of Directors of the African Development Bank Group (www.AfDB.org) on Wednesday approved a €101.10 million loan to Kenya to implement the third phase of the Last Mile Connectivity Project. The project will improve electricity access for households, social infrastructure and micro, small and medium enterprises. The project will also…